$1,637,500
SOLD APR 24, 2019
2 Beds
2 Baths
1,215 Sq Ft
5,018 Sq Ft Lot

Recently Sold

$1,348 Per Sq Ft

6% Below List Price

11 Days on Market

Highlights

  • Ocean View
  • Deck
  • Private Yard
  • El Morro Elementary School Rated A+
  • Property is near public transit
  • No HOA

About This Home

As of April 2019

Embracing the beach culture, this North Laguna cottage is uniquely located within walking distance to the beach and town while also having stunning ocean views. Treasured by the same family for over 50 years, this cottage is reminiscent of simpler times. Capture a glimpse of the panoramic ocean & Catalina views from both levels. Don’t sacrifice view or location, this home has both...the convenience to walk to the beach or Heisler Park and the joy of entertaining guests while watching the sunset. The zoning is for a Single Family Residence however the home is currently configured as a duplex with an upstairs one-bedroom plus office unit and a downstairs one-bedroom unit. The property has a detached two-car garage that has an ocean view roof deck. The drive comes from Poplar below preserving the best view upper portion of the parcel for living spaces - unique in the desirable tree streets neighborhood. This home can be updated and improved to create new memories however a developer may also find this to be an ideal site for a new home.

Last Agent to Sell the Property

Michael Johnson

Compass License #01429647 Listed on: 02/21/2019

Compass

Co-Listed By

Paulo Prietto

Compass License #01878796

Last Buyer's Agent

Christopher Tebbutt

Compass License #01993864

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,847

Year Built

  • Built in 1921

Lot Details

  • 5,018 Sq Ft Lot
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights
  • Hills

Home Design

  • Cottage

Interior Spaces

  • 1,215 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 413
  • Assessor Parcel Number 49616202

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,847

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Paulo's Cell
  • Other Phone Number: 949-375-6778
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 49616202
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1215.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1347.74
  • Room Type: Entry, Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Hills, Ocean, Panoramic
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Laguna Beach Unified
  • Elementary School: El Morro
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit, Yard
  • Lot Size Sq Ft: 5018.00
  • Lot Size Acres: 0.1152

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5018.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.05
  • Tax Lot: 14
  • Tax Tract Number: 413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Mar 6, 2019
Sold by
Long Family Llc
Bought by
Lager Clinton E
Seller's Agent
Michael Johnson
Compass
Buyer's Agent
Christopher Tebbutt
Compass
List Price
$1,749,500
Sold Price
$1,637,500
Premium/Discount to List
-$112,000
-6.4%
Current Estimated Value
$2,926,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,289,358
Avg. Annual Appreciation
8.19%
Original Mortgage
$1,200,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 5, 2013
Sold by
Long Jennifer and Long Jarvis Patricia
Bought by
Long Family Llc

Purchase Details

Closed on
Jan 23, 2012
Sold by
Long June H
Bought by
Long Jennifer and Long Jarvis Patricia

Purchase Details

Closed on
Nov 20, 2002
Sold by
Long June H
Bought by
Long June H and The June H Long Survivors Trust

Purchase Details

Closed on
Mar 24, 1999
Sold by
Long June H
Bought by
Long June H
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,637,500 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,200,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2019 04/24/19 Sold $1,637,500 -6.4% $1,348 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $1,749,500 -- $1,440 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,847 $1,790,844 $1,745,104 $45,740
2023 $19,844 $1,755,730 $1,710,886 $44,844
2022 $19,369 $1,721,304 $1,677,339 $43,965
2021 $18,969 $1,687,553 $1,644,450 $43,103
2020 $18,664 $1,670,250 $1,627,588 $42,662
2019 $2,395 $72,244 $57,166 $15,078
2018 $2,322 $70,828 $56,045 $14,783
2017 $2,243 $69,440 $54,946 $14,494
2016 $2,167 $68,079 $53,869 $14,210
2015 $2,096 $67,057 $53,060 $13,997
2014 $2,034 $65,744 $52,021 $13,723
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19040496

California Regional Multiple Listing Service (CRMLS)

APN: 496-162-02